Fenwick & West's Securities Litigation Group successfully defeated a preliminary injunction motion brought by shareholders of Lexar Media, Inc. (Nasdaq: LEXR), attempting to enjoin a vote on the proposed merger with Micron Technologies (NYSE: MU).
Fenwick & West is representing Lexar in the merger, which was announced on March 8, 2006. A group of shareholders filed suit in Alameda County Superior Court, and thereafter sought to enjoin the merger. The court's May 31, 2006, denial of the preliminary injunction motion allows Lexar's special meeting of stockholders to proceed.
The Fenwick & West securities litigation team representing Lexar in the merger-related litigation include partners Dean Kristy, Kevin Muck, Susan Muck and Emmett Stanton, and associates Jennifer Kelly, Catherine Kevane, Bryan Kohm, Felix Lee and Ilana Rubel.
Contact Fenwick & West Securities Litigation Group Co-Chairs Kevin Muck or Emmett Stanton to learn more about the firm's securities litigation corporate governance counseling, special investigations and derivative litigation services.